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Vehicle Purchasing

Should Fleets Own or Lease Trucks?

More fleets are looking more closely at all their options, from outright ownership to finance leasing to full-service leasing, even opting to own some trucks while leasing others.

TRALA Truck Purchases Increase

Members of the Truck Renting and Leasing Association (TRALA) purchased 29% of all Class 2-7 commercial trucks in the U.S. and purchased more than 23% of all Class 8 tractors in 2016, according to a new industry survey.

USPS Requests Vehicle Prototypes for Testing

The U.S. Postal Service has requested prototypes from 15 qualified suppliers for a purpose-built delivery vehicle that would replace its aging fleet of Long Life Vehicles (LLVs).

PG&E to Invest $100M in EVs, PHEVs

Pacific Gas & Electric will invest $100 million to purchase battery-electric vehicles and gasoline-electric hybrids over the next five years to reduce fuel costs and lower emissions, the nation's largest utility announced Oct. 15.

USPS Considers Euro Fleet Replacement Model

The U.S. Postal Service's Office of Inspector General (OIG) has recommended four best practices and strategies for replacing vehicles based on a study of postal operations in the United Kingdom, Germany, Switzerland, Sweden, and Finland.

Volatile Cab Chassis Sales Outpacing Year Ago Level

Sales and shipments of cutaways, low cab-over-engine and strip chassis trucks moved higher in the first two months of 2015 compared to a year ago, yet 2015 should be as volatile as 2014, according to the NTEA.